Investments

Friday, September 3rd 2021 - 07:20 UTC
Soft drink manufacturer invests in Uruguayan free trade zone of Colonia

An investment worth US $ 64 million has been pledged by Pepsi Cola to increase production in the Uruguayan free trade zone of Colonia del Sacramento on the River Plate's East bank.
Thursday, September 2nd 2021 - 09:44 UTC
Argentine exports to Brazil show almost unprecedented growth

Argentine sales to Brazil in August 2021 have reached their pinnacle in the last three years, but there is still a trade deficit. The country stands behind China and the United States in the list of suppliers to South America's largest economy, it was announced Wednesday.
Wednesday, September 1st 2021 - 09:54 UTC
Latin America and Caribbean expected to grow 5.9% in 2021, ECLAC says

A new “Economic Study of Latin America and the Caribbean” report released Tuesday by the Economic Commission for Latin America and the Caribbean (ECLAC) raised its growth forecast for the region from 5.2% in July to 5.9%.
Wednesday, September 1st 2021 - 09:20 UTC
Chilean central bank surprises markets: basic interest rate doubled to 1,5%

The Monetary Council of the Chilean central bank surprised markets on Monday by deciding to increase the basic interest rate 75 base points to 1,5%, the highest jump since August 2001. According to a bank release, the decision from the council was unanimous, and well beyond market expectations that had estimated an increase of 25 to 50 base points.
Tuesday, August 31st 2021 - 09:45 UTC
Mercosur meat exports facing shortage of containers and regular vessels

Disruptions of global maritime transport and major rivers struck by insufficient water flow to allow vessels to navigate are threatening beef exports Mercosur, including Brazil, Uruguay and Paraguay, when prices for food commodities are rising all over the world.
Tuesday, August 31st 2021 - 08:58 UTC
Piñera's “Ten Pillars” to save water in drought stricken Chile

Chile presented on Monday a “Plan to combat Drought” to increase the provision of water and improve its efficient use thus ensuring the supply for human consumption and the production of food.
Saturday, August 28th 2021 - 08:57 UTC
Wonder of the Seas on its inaugural cruise from Shanghai next March

Royal Caribbean's Wonder of the Seas has returned to Saint Naizaire after completing four days of sea trials including seven dozen tests, which apparently have been successful or up to expected standards.
Friday, August 27th 2021 - 08:50 UTC
Pfizer-BioNTech signs deal for Brazilian production of COVID-19 vaccines

The multinational Pfizer-BioNTech consortium has reached a deal with Brazilian laboratories Eurofarma to produce its famous COVID-19 vaccine in the South American country, it was announced Thursday.
Thursday, August 26th 2021 - 08:50 UTC
Project with Falklands' SAERI to safeguard South Georgia’s Blue Belt

Following a horizon scanning exercise that identified marine invasive species as a key threat, the Government of South Georgia & the South Sandwich Islands (GSGSSI) is embarking on a marine bio-security project with the Falkland Islands based South Atlantic Environmental Research Institute (SAERI).
Thursday, August 26th 2021 - 08:26 UTC
Argentina sued before New York court for debts related to the expropriation of Aerolineas Argentinas

Argentina faces possible embargoes after holders of debt resulting from the expropriation of flag carrier Aerolineas Argentinas brought the case to a New York court on Wednesday for an amount of approximately US $ 320 million.